Wong Leila 4

What Happened
Leila Wong, Chief Human Resources Officer of Celestica Inc. (CLS), was granted 61,224 performance share units (PSUs) on 2026-01-29. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (no cash paid). The filing indicates these PSUs have been deemed earned at 200% of target and the underlying common shares will be issued following vesting on January 31, 2026.

Key Details

• Transaction date: 2026-01-29; Form 4 filed 2026-01-30 (timely filing).
• Award: 61,224 PSUs reported as an award/acquisition (transaction code A) with $0.00 per unit on the report.
• Nature of award: PSUs are derivative awards — each PSU represents a contingent right to one common share or equivalent cash (Footnote F1).
• Footnote F2: PSUs were deemed earned at 200% of target per committee certification; the common shares will be issued after vesting on 2026-01-31.
• Shares owned after the transaction: not specified in the details provided.
• No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of underlying shares in this filing.

Context
This was an awarded, performance-based grant (not an open-market purchase or sale). Awards like PSUs are common long-term compensation for executives and are contingent on performance and vesting conditions; they do not by themselves signal insider buying or selling. The filing shows the PSUs have been certified as earned at 200% of target and will convert to shares or cash after the stated vesting date.